Want to be a part of a 15.5 billion dollar industry with a market leader that has experienced 57 months of consecutive revenue growth and a 96% customer referral rating? Join the Two Men And A Truck team, the nation's largest local residential and business moving franchise with over 300 locations and 29 years of experience. We offer our franchisees a wide range of tools from a cloud based IT system to manage their locations and business decisions to state of the art customer marketing and employee recruiting tools so that all our franchisees need to drive at their locations is success. We've had two years of record location growth, but there are still some prime markets available, so talk to us soon and find out how you can become part of a franchise brand driven by vision and values!
To buy a franchise with TWO MEN AND A TRUCK®, you'll need to have at least liquid capital of $80,000- $150,000 and a minimum net worth of $160,000. Franchisees can expect to make a total investment of $100,000 - $585,000. They also offer financing via 3rd party as well as a discount for veterans (15%). *
| Liquid Capital: | $80,000 - $150,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $160,000 - $400,000 What does Net Worth mean? |
| Total Investment: | $100,000 - $585,000 What does Total Investment mean? |
Investment Tables:
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $30,000 | $85,000 |
| Lease Security Deposit | $1,000 | $24,000 |
| Leasehold Improvements | $3,000 | $4,000 |
| Miscellaneous Startup Expenses | $5,000 | $25,000 |
| Insurance and Risk Management | $20,000 | $43,000 |
| Licensing Requirements | $500 | $20,000 |
| Legal and Accounting Fees | $1,000 | $2,000 |
| Trucks | $1,500 | $31,900 |
| Office/Mobile Technology Costs | $10,000 | $24,000 |
| Initial Marketing Expenses | $5,000 | $40,000 |
| Storage Service Expenses | $0 | $30,000 |
| Pre-Opening Training Costs | $2,500 | $6,000 |
| Additional Funds – 3 Months | $26,000 | $100,700 |
| ESTIMATED TOTAL | $105,500 | $435,600 |
| Type of Fee | Amount |
|---|---|
| Royalty Fee | 6% of all gross sales. |
| Contributions to Advertising Fund | 1% of all gross sales. |
| Monthly Technology and Support Fee (Standard Franchise) | For Standard Franchises: currently, 1% of gross sales with a minimum payment of $1,200 per month. For Mini-Market Franchises: currently, 2% of gross sales with no minimum. |
| Fees for Sales Support Services | Standard Franchises: currently, 1st level --$80 per month; additional levels of services range from $200 to $4,000 per month based on per call fees and a percentage of booked sales orders. Mini-Market Franchises: currently, $500 per month plus a $35 per transaction fee for each completed move originating from the franchisor for the first 12 months (and after if franchisees employ a CSR); after 12 months, $2,000 per month with no transaction fee if franchisees do not employ a CSR. |
| Records and Bookkeeping Fees | $200 to $1,000 per month; late fee of $100 for failure to timely submit data. |
| Local Digital Advertising Fees | 100% of digital advertising spend billed to the franchisor by all managed ad platforms, plus an administrative fee of 15% to 20% of the media spend. |
| Risk Management and Safety Services Fees | $1,800 to $4,800 per year. |
| Advertising Cooperative | Up to 1% of annual gross sales, unless all members agree to a higher rate. Currently, fees range from approximately $100 to $400 per month. |
| Miscellaneous Fees and Charges | Varies by goods and services provided (currently, such fees range from $30 to $300). |
| NSF Fees and Interest | At least $100 and interest of 2% per month or maximum rate allowed by law. |
| Audit Expenses | Cost of audit. |
| Additional Assistance Fees | $50 to $1,200 per day plus travel and living expenses of training personnel. |
| Indemnification | Will vary under circumstances. |
| Attorneys’ Fees and Costs | Will vary under circumstances. |
| Reimbursement for the Cost of Insurance | Will vary under circumstances. |
| Payments relating to Participation in Captive Insurance Program | Annual fee based on the franchisee’s allocable portion of the letter of credit the franchisor provides for participants. |
| Tax Reimbursement Fees | Will vary under circumstances. |
| Renewal Fee | 10% of the franchise fee charged to new franchisees at the time of renewal (the fee is 20% if franchisees do not timely renew). |
| Fee for Adding a Person as a Franchisee or as a Principal of the Franchisee | 12.5% of the franchise fee charged to new franchisees at time of addition for each person added. |
| Transfer/ Marketing Area Division Fee | 25% of the franchise fee charged to new franchisees at the time of transfer. |
| Fees for Additional Training and Meetings | $50 to $1,200 for registration fees for meetings; $50 to $1,200 per person per day plus travel and living expenses of training personnel for additional training. |
| Fees for Administering National Accounts | Currently, fixed fees of $20 to $100 for each service or 3% to 5% of the revenue from the National Account. |
| Fees for Administering National Programs - Value Flex | Currently, 1% of value of materials being moved and an administrative fee of $200 - $600. |
| Vendor Product Testing Fee | Actual out-of-pocket cost plus $125 per hour for evaluation. |
| Liquidated Damages | $100 to $4,000 per violation. |
| Indemnification for Amounts Paid to Resolve Franchisee’s Disputes | The franchisor’s costs. |
| Holdback Amount for Customer Claims | An amount determined by the franchisor based on the franchisee’s customer damage history for previous two years and any known current damage issues. |
The above information has been compiled from the FDD of Two Men and a Truck. Year of FDD: 2022.
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | 15% |
| Total Units: | 380+ |
|---|---|
| Home Office: | Lansing, MI |
| Year Founded: | 1985 |
| Franchising Since: | 1989 |
Are you interested in pursuing a business ownership opportunity in an 18-billion-dollar industry with a franchise system that consistently outpaces the competition in customer service, growth, and innovation? Then TWO MEN AND A TRUCK is the right opportunity for you. The system offers:
The brand has also experienced continuous growth dating back to December 2009 while maintaining a 96% customer referral rating. New locations are also growing faster than ever, with recently launched locations hitting one million dollars of revenue in their first year. This growth contributed to the company’s ranking on the Inc. 5000 list with companies such as Microsoft and Zappos. When partnering with our proven system and utilizing our tools and data, all you need to drive is success!
TWO MEN AND A TRUCK offers you an opportunity to drive success both in the moving and franchise industries. The numbers below define the overall moving market opportunity and the business performance experienced by our franchisees in capturing their local moving markets.
Your potential to earn money with TWO MEN AND A TRUCK is only limited by you. New franchisees can join the largest local mover in the U.S. and generate on average approximately $727,800 their first year in annual sales. This revenue increases to approximately $1,365,000 by their fourth year.
What makes TWO MEN AND A TRUCK franchisees so successful? They simply do what's asked of them by following a proven, best practices system that works. An open mind will maximize your chance to experience unique opportunities and success with TWO MEN AND A TRUCK.
TWO MEN AND A TRUCK franchisees come from a diverse educational and professional backgrounds and share these attributes:
Created in 1985 and with its first franchise opening in 1989, TWO MEN AND A TRUCK continues to grow in the U.S. (44 states) and seeks to expand internationally beyond its current franchises in Canada, Ireland, and the United Kingdom.
“You can’t build your business from the back of a truck.”This has become the mantra of our most successful franchisees through the U.S. — and they’re correct! The ingredients of a thriving TWO MEN AND A TRUCK franchise include trustworthy management/mover/driver teams, a solid online lead generation plan and, most of all, consistent quality customer service that extends from move-booking and estimating to moving the last item into a new home.
So, now that you know franchisees work on growing the business much the way traditional businesses achieve success, it’s time to learn more.
How big is the market for moving services? According to the U.S. Census, on average, 14 percent of the population moves every year. This figure doesn’t include business moves or the growing demand for manpower to move a limited number of items within homes and offices. The growth in locations (more than 380) and trucks (2,800) across the nation and abroad is a testament to the fact that a moving franchise is recession-proof and is a contributor to the economy’s job creation (8,000 employees).
TWO MEN AND A TRUCK began in the early 1980s with brothers Jon Sorber and Brig Sorber, and a ‘66 Ford pickup truck. Over time, Jon, Brig, their mom, Mary Ellen Sheets, and sister Melanie Bergeron, worked endlessly to grow the family business. They understood you could build a successful business while taking care of the people you served, along with supporting and volunteering in your community. Today, the widely respected company has more than 380 locations worldwide, 2,800 trucks on the road, 8,000 employees during peak season, and performed its seventh millionth move spring 2018. We are a company built on Core Values that permeate the entire franchise system.
Over the years we’ve learned a lot about what it takes to make a franchise thrive. We serve both home and business customers daily, and offer a range of services including packing services, and the sale of moving supplies at franchise locations. These services contribute to customer satisfaction - and they provide additional revenue opportunities for franchisees.
Today, as the nation’s largest franchised local moving company, we’ve set our sights on continued growth and innovation, while remaining rooted to our core principle: exceeding customers’ expectations in quality and value – every time.
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